Shenzhen Hongtao Group Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 91.59 million compared to CNY 153.48 million a year ago. Net loss was CNY 98.57 million compared to CNY 117.31 million a year ago.

Basic loss per share from continuing operations was CNY 0.0561 compared to CNY 0.0668 a year ago. Diluted loss per share from continuing operations was CNY 0.0561 compared to CNY 0.0668 a year ago.